Knock Introduces Innovative Buy-Before-You-Sell Bridge Loan Solution
A new financing option enhances original bridge loans, providing consumers with additional benefits and supporting a wider range of loan programs for private lenders.
Essential Loan Documentation Steps Not to Overlook
Understanding the importance of precise loan documentation is crucial for private lenders. It protects capital, ensures compliance, and safeguards enforceability in transactions.
Rising Foreclosure Volume May Indicate a Stronger Housing Market
A well-functioning foreclosure marketplace is essential for a healthy housing market, efficiently converting distressed properties into affordable retail inventory.
Treasury Secretary Bessent Attributes ‘Housing Recession’ to the Fed
Treasury Secretary Bessent highlights the Fed's role in the ongoing housing recession, suggesting lower mortgage rates could provide relief.
Vacant FHFA Inspector General Position Following Joe Allen’s Reported Ouster
The Federal Housing Finance Agency's inspector general position is currently unfilled following the dismissal of Joe Allen, raising concerns about oversight in housing finance.
Real Estate Agents Maintain Commission Structure, According to Mystery Shopper Report
Consumer Policy Center's "mystery shopper" interviews reveal consistent commission rates across lenders, highlighting a reluctance to engage in negotiations.
Broker Working Group Seeks Clarity on NAR’s Financial Expenditures
Broker working group highlights delayed financial disclosures as a key issue, calling for structural reform to enhance trust within the lending community.
NEXA broadens lawsuit against ex-employee and includes additional defendants.
NEXA Lending intensifies legal action against ex-employees, claiming trade secret theft and breach of contract, potentially impacting industry practices.
Sage Home Loans Collaborates with Robinhood for Unique Rate Offer
Robinhood Gold subscribers gain access to mortgage rates 0.75% below the national average, plus a $500 credit toward closing costs. Explore the benefits.
Private Mortgage Servicing: Workout Strategies to Protect Your Investment
5 Borrower Workout Strategies That Save Deals in Private Mortgage Servicing The Imperative of Proactive Servicing in a Volatile Market In the dynamic and often unpredictable world of private mortgage servicing, the ability to navigate borrower distress effectively isn't just a best practice—it's a [...]